September 18th, 2008
09:37 AM ET
14 years ago

McCain ad hits Obama over the economy

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/09/18/art.mccainad.cnn.jpg caption="McCain is out with a new ad criticizing Obama's economic policies."](CNN) - Barack Obama's economic policies would severely worsen the country's economic woes, a new John McCain ad says - the Arizona senator's third television spot in as many days dealing with the economy.

"When our economy's in crisis, a big government casts a big shadow on us all," the ad's narrator states. "Obama and his liberal Congressional allies want a massive government, billions in spending increases, wasteful pork. And, we would pay - painful income taxes, skyrocketing taxes on life savings, electricity and home heating oil."

"Can your family afford that?" the narrator also says. The campaign reports the ad will run “nationally.”

Obama has repeatedly said the notion he will raise taxes on middle-class Americans is untrue.

Listen:
McCain advisors discuss Obama's economic polices on a conference call

According to a CNN fact check, Obama's tax plan would increase taxes in 2009 on the wealthiest 20 percent of households, while offering tax cuts for the other 80 percent. The largest increases would be on the top 1 percent of earners, according to analysis by the Tax Policy Center, a nonpartisan research group whose staff of experts includes former economic advisers to the White House and Congress under both Republicans and Democrats.

By comparison, the Tax Policy Center analysis says McCain would offer tax cuts across the board. Those at the top end of the scale would get the biggest percentage cuts under McCain, while households with the lowest incomes would receive the largest percentage cuts under Obama's plan.


Filed under: Economy
soundoff (224 Responses)
  1. Obama Supporter

    No one believes you anymore John McCain. Your VP is a habitual liar. We Americans want CHANGE not broken promises or more lies. We are taken our government back. No more Fat Cat Lobbyists.

    VOTE FOR CHANGE AMERICA. VOTE FOR CHANGE

    OBAMA/BIDEN 2008-2016

    September 18, 2008 10:33 am at 10:33 am |
  2. The Nightingale Sings in Berkley Square

    Why did CNN say that 77% of Obama's ads were negative?

    I think Obama is a disaster ready to happen

    From Wall Street to Main Street, McCain will protect us.

    Obama is risky and is using negative ads to destroy and separate our great country. He is no uniter and that is for sure.

    September 18, 2008 10:33 am at 10:33 am |
  3. Doug R.

    McCain is a liar and a fraud. He has absolutely no understanding of basic economics. He is a dishonest hypocrite.

    September 18, 2008 10:34 am at 10:34 am |
  4. Another Republican for Obama

    I wonder what McCain will say when he's called out on these LIES during next week's debate.

    I am so ashamed to be a Republican!

    September 18, 2008 10:34 am at 10:34 am |
  5. mitchell

    W-omen
    A-gainst
    S-arah
    P-alin

    G-uys
    A-gainst
    S-arah
    P-alin

    obama '08

    September 18, 2008 10:34 am at 10:34 am |
  6. Cyrus K.

    There are two things certain in life – death and tax. A few months ago, when we all received a nice tax rebate check in the mail, the empty-headed Americans never bothered to ask, "Hmmm...I hear that we are in a recession, and our budget is in a deficit. I wonder where the administraiton is getting the money from?"

    When Clinton left office, we had a quarter trillion dollar budget surplus, and now, eight years later, we are in a trillion dollar deficit. It is mind boggling to me that people, who keep asking for better infrastructure, basic amenities, and common public good, are petrified whenever the psychotic republicans come back every election year with that same ol' "they are going to tax you to death" chant.

    Hey Republicans.....if you don't want to pay taxes, and utter the word "patriotism" and "country first" one more time, we are going to throw eggs at you. You haven't taken care of our veterans' healthcare, education/college degrees, and mental health needs (PTSD)!! More veterans are on the street, and Bush/Republicans are opposing the bill that would let American POWs of the first Iraq War to sue Iraq.

    Country First? How about Truth First?

    September 18, 2008 10:34 am at 10:34 am |
  7. Steven

    This viscious nasty hate coming from these comments and "some" Obama supporters is scary.

    Don't be surprised when the "lack of trust" or "character" issues continue to drive Obama out of this race because this reflects directly on him.

    September 18, 2008 10:34 am at 10:34 am |
  8. Arzell

    What is McCain's problem with the government spending billions here in the US? He and Bush have no problem spending that amount of money in Iraq!

    September 18, 2008 10:34 am at 10:34 am |
  9. Indiana Voter

    While McCain says he is different than Bush, everything he does is Bush-like including lying to the American public. McCain says he will continue Bush's tax plan and look how well that is working for the country. I know that candidates pick and choose the statements they use from their opponents, but Palin and McCain just outright lie and continue to lie even when confronted with the truth. This shows their true character (or lack thereof) and shows how they will treat us if they are elected into office. They will treat us just like Bush/Cheney. Is that what we want?

    September 18, 2008 10:34 am at 10:34 am |
  10. DaveD

    Supporting your government with taxes is patriotic.

    Supporting Republicans to clean up the mess they've made is foolish.

    September 18, 2008 10:34 am at 10:34 am |
  11. Olga

    CNN is always trying to defend Obama the looser!!!! HE can go raise taxes to his mama. In my eyes he is just a big communist and his change will bring the worst!!!!!

    September 18, 2008 10:35 am at 10:35 am |
  12. Javier

    I never got a job from a poor person. Go after the wealthy people who offer jobs and you will make things a lot worse. Think about it for a minute before you let yourself be fooled by empty promises.

    September 18, 2008 10:35 am at 10:35 am |
  13. Annie

    What our families can't afford is a continuation of 4 more of the last 8 years, Senator McCain, the deregulator. How's this economy working out for us these days? I'm sure it worked real well for the Senator and his friend and advisor Phil Gramm as well as all the top guys under the golden parachutes. Everyone with their fingers in this pie should pay the American taxpayers back. And when will OUR dividend checks be coming in the mail? That's what I thought.

    September 18, 2008 10:35 am at 10:35 am |
  14. drone

    JOHN MCCAIN is a LYING OLD PIG with LIPSTICK

    September 18, 2008 10:35 am at 10:35 am |
  15. Matt

    Where on god's green earth is the FCC in all this? Blatantly fraudulent commercials should not be allowed to air, and if they do, there shoudl be penalties. Just because the "news" media likes to pretend that he-said-she-said is more important than truth, doesn't mean that the administrative body in charge of protecting the air waves should be sitting on its thumb.

    Oooooh wait, that's right, Bush is running the executive branch....

    September 18, 2008 10:35 am at 10:35 am |
  16. Javier Oberti - Fort Lauderdale, FL.

    I never got a job from a poor person. Go after the wealthy people who offer jobs and you will make things a lot worse. Think about it for a minute before you let yourself be fooled by empty promises.

    September 18, 2008 10:36 am at 10:36 am |
  17. S. Boatman

    Mccain Puts Out An Ad And There Is A Fact Check Right Behind It Saying Its Not True!. . . I Wish I Could Vote Twice. . . I Would Vote Once For Obama And Once Against Mccain!

    September 18, 2008 10:36 am at 10:36 am |
  18. Steven

    Here's an example from "MikeH" above –

    "You ignorant Americans want a full-blown depression with citizens dying in the streets, then McCain's your man."

    You want mainstream Americans to not be afraid of Obama because of whackos like this?? Obama needs to distance himself from your type.

    September 18, 2008 10:36 am at 10:36 am |
  19. DC

    CNN way to go with the fact checker. This is what has been missing from your coverage. I am happy that you have added this to your articles.

    September 18, 2008 10:37 am at 10:37 am |
  20. proud army and navy mom

    Lets fact check......William Ayers, Tony Rezko, Obama Accomplishments and Rev Wright.

    That to any smart person would diqualify Obama.......You liberals are broke for a reason

    September 18, 2008 10:37 am at 10:37 am |
  21. Michael "C" Lorton, Virginia

    Let's see......the repugs bailed out Bears-Stern–Fannie Mae and Freddie Mac–AIG.......my fact is that "Americans are going to be paying, and our children, for all of the failed policies of the repugs for a long, long, time..........and you know what..........Obama is not even President yet.....

    September 18, 2008 10:37 am at 10:37 am |
  22. Mikey

    By the way, if Obama is the king of earmarks and McCain the anti-earmark champion, why does Arizona consistently outpace Illinios in earmarks. McCain might not be making the requests himself, but someone is doing it for his state.

    September 18, 2008 10:37 am at 10:37 am |
  23. Joe Regis

    America is awake now, no amount of naked-lies will do the tricks this time around.

    Obama/Biden.

    September 18, 2008 10:38 am at 10:38 am |
  24. MK

    LIAR.

    September 18, 2008 10:38 am at 10:38 am |
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